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I have an approval from the 1st lien which is BOFA, they agree to pay RTR $8,500 to release the junior lien. Today, I received an email from RTR asking for $54,414.00!!! Where can the seller get…Continue

BOA is the first which I have an approval still working with RTR to get approval. I had heard that RTR does not allow relocation (HAFA) money back to the seller. Can anyone tell me if this is true?Continue

I am doing a short sale and I have RTR as a second. I've had the approval letter on the first from B of A since June 11th. I have put together the entire short sale package and had sent it out a…Continue

Hello all...well we all know how wonderful real time is....lol anyways I need help! I final just recieved an approval from them and they are the 2nd lender and boa is the 1st. BOA is only giving RT…Continue

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RTR is notorious for wanting 25%-30% of their UPB and they play hardball to get it. Many times when RTR is the 2nd you will run into a large gap between what the 1st will allow and what the 2nd is requesting. Depending on who the investor is with the 1st and with proper escalations at RTR it is possible to close the gap, but potentially not all the way. We have reached out to the CEO and various VP's in the past to assist us to close the gap as RTR negotiators will throw a curve ball in a short sale transaction almost every time. For assistance reach out to me at 310-564-6389, [email protected], www.ishortsalenow.com

My customer received a letter of collection from RTR today on the 2nd which was 31k. We closed one year ago. I am holding 2 approval letters (one for each loan) "we will release the lein and waive the deficiency balance is stated on both. My customer says he's been getting threatening calls for 2 weeks too. RTR was the servicer around 2011 but not during the short sale process. Only Chase handled both loans.

Hello! Does anyone have management contacts in RTS? My negotiator has given me an approval good for 9 days only and we can't go UC unless we have an approval good for 30 days since the buyer is obtaining financing. Therefore, I will need to escalate to get an approval good for 30 days. Thanks!

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